June 17, 2025
NEWS: Natural Gas price is increasing 2.5% following an escalating conflict between Israel and Iran, creating supplyt side risks
Possible Scenarios:
|
If Natural Gas fails to breach through R1 of 3.851, our Research Department expects the Natural Gas to undergo a short- term downward correction. |
|
If Natural Gas manages to break above its R1 of 3.851, our Research Department expects the Natural Gas to extend its gains to its R2 of 3.895. |
Support and Resistance Levels:
|
Natural Gas |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
3.642 |
3.687 |
3.731 |
3.791 |
3.851 |
3.895 |
3.940 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.47 |
(+/-) £73.73 |
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.15644
***GBP/USD = 1.35639
Calculations for exchange rate used as of Tuesday, June 17, 2025, 12:50 GMT+1